Transactional Commercial Surety Underwriter - West Coast

Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered, and enabled to perform at their best.

Great American's Bond Division has been underwriting surety bonds for 100 years. We are known for expert underwriting, solid financial strength, market leadership and creative solutions to bonding needs. Great American is one of the top surety companies in the United States.

Bonds - Great American Insurance Group

Our Bonds Division is hiring a Transactional Commercial Surety Underwriters to join their team! We are seeking candidates in the Pacific Northwest or Western region of the United States. Candidates local to the Seattle, WA area will work on a hybrid schedule. Candidates not local to the Seattle area will work fully remote.

Essential Job Functions and Responsibilities

• Underwrites and services existing small to mid-size financial accounts.  Has responsibility for risk selection/rejection, pricing, retention, and profitability within scope of authority and per divisional objectives.

  • Uses independent judgment and initiative to support business goals.

  • Maintains a high level of customer service.

  • Receives and analyzes submissions and determines terms to offer (policy limits, credit limits, deductibles, coverage options and conditions, work programs, etc.).

  • Prices business in accordance with company guidelines.

  • May conduct investigations of new and existing accounts through credit reports, online filings, criminal records etc.

  • Orders and analyzes miscellaneous business reports needed in the rating and underwriting processes, including credit checks, bank agreements, financial statements, and underwriting surveys.

  • Makes recommendations on risks over authority.

  • Enters, maintains, and monitors accounts using analysis system.

• Develops and maintains effective business relationships with internal and external customers/coworkers to attract and retain profitable business.

  • Provides production support to field personnel through interacting with the producers/insureds assisting in marketing calls and participating in underwriting/production calls.  

• Applies underwriting rules and guidelines, rating manual rules, and insurance laws and regulations. 

Job Requirements

• Education: Bachelor’s Degree or equivalent experience.

• Field of Study: Finance, Accounting or a related discipline

• Experience: Generally, a minimum of 3 years of related experience. 

This job is non-exempt in Washington.

Business Unit:

Salary Range:

Benefits:

We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.

Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.

*Excludes seasonal employees and interns.